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Martin Marietta Materials (FRA:MMX) Cyclically Adjusted Revenue per Share : €81.18 (As of Mar. 2024)


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What is Martin Marietta Materials Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Martin Marietta Materials's adjusted revenue per share for the three months ended in Mar. 2024 was €18.563. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €81.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Martin Marietta Materials's average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Martin Marietta Materials was 11.90% per year. The lowest was 1.70% per year. And the median was 3.80% per year.

As of today (2024-05-18), Martin Marietta Materials's current stock price is €534.40. Martin Marietta Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €81.18. Martin Marietta Materials's Cyclically Adjusted PS Ratio of today is 6.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Martin Marietta Materials was 7.13. The lowest was 2.03. And the median was 4.11.


Martin Marietta Materials Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Martin Marietta Materials's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Martin Marietta Materials Cyclically Adjusted Revenue per Share Chart

Martin Marietta Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.80 47.96 61.69 73.92 77.44

Martin Marietta Materials Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.12 75.64 81.20 77.44 81.18

Competitive Comparison of Martin Marietta Materials's Cyclically Adjusted Revenue per Share

For the Building Materials subindustry, Martin Marietta Materials's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Martin Marietta Materials's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's Cyclically Adjusted PS Ratio falls into.



Martin Marietta Materials Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Martin Marietta Materials's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.563/131.7762*131.7762
=18.563

Current CPI (Mar. 2024) = 131.7762.

Martin Marietta Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.586 100.560 13.872
201409 11.540 100.428 15.142
201412 10.263 99.070 13.651
201503 9.439 99.621 12.486
201506 12.139 100.684 15.888
201509 14.369 100.392 18.861
201512 11.806 99.792 15.590
201603 11.007 100.470 14.437
201606 13.633 101.688 17.667
201609 15.435 101.861 19.968
201612 14.155 101.863 18.312
201703 12.461 102.862 15.964
201706 14.991 103.349 19.114
201709 14.450 104.136 18.285
201712 12.987 104.011 16.454
201803 10.288 105.290 12.876
201806 16.264 106.317 20.159
201809 16.547 106.507 20.473
201812 14.297 105.998 17.774
201903 13.233 107.251 16.259
201906 18.060 108.070 22.022
201909 20.567 108.329 25.019
201912 15.795 108.420 19.198
202003 13.875 108.902 16.789
202006 18.111 108.767 21.942
202009 17.979 109.815 21.575
202012 15.539 109.897 18.633
202103 13.203 111.754 15.568
202106 18.299 114.631 21.036
202109 21.145 115.734 24.076
202112 21.155 117.630 23.699
202203 17.852 121.301 19.394
202206 24.849 125.017 26.193
202209 29.277 125.227 30.808
202212 22.301 125.222 23.468
202303 20.332 127.348 21.039
202306 27.063 128.729 27.704
202309 30.137 129.860 30.582
202312 23.747 129.419 24.179
202403 18.563 131.776 18.563

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Martin Marietta Materials  (FRA:MMX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Martin Marietta Materials's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=534.40/81.18
=6.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Martin Marietta Materials was 7.13. The lowest was 2.03. And the median was 4.11.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Martin Marietta Materials Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Martin Marietta Materials's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Martin Marietta Materials (FRA:MMX) Business Description

Traded in Other Exchanges
Address
4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Martin Marietta Materials (FRA:MMX) Headlines